Showing 1 - 10 of 10,974
incentives based on measurable worker characteristics. To do so, we ran two large-scale experiments. The key results are that (i …
Persistent link: https://www.econbiz.de/10013292419
We investigate the effect of financial incentives, framed as gains and losses, on creative breakthrough. Rather than … reorganization of ideas for the solution of a problem. We argue that financial incentives can be detrimental for creative … breakthrough. Moreover, framing financial incentives as losses may lead to particularly strong detrimental effects, compared to …
Persistent link: https://www.econbiz.de/10013224664
This article considers the regulation “on the books” of executive pay across the EU and the evidence “in action” on corporate practice concerning executive pay (based on disclosures by FTSE Eurofirst 300 companies) in relation to the best practice recommendations set out in two key...
Persistent link: https://www.econbiz.de/10014189210
post-merger R&D efforts (including lower expenditure). SIEIC is distinct from the mainstream unilateral effects theory of … analysis lies a fundamental question of competition theory: under what conditions can variations of existing economic models be … applied in merger cases? This paper is divided into three sections. In Section I, the SIEIC theory of harm is described and …
Persistent link: https://www.econbiz.de/10012852989
incentives for excessive risk taking; (2) result in significant increase in fixed remuneration; (3) reduce incentives to create …
Persistent link: https://www.econbiz.de/10013084963
This paper analyses the regulatory framework which applies to the determination of directors' remuneration in Europe and the extent to which European firms follow best practices in corporate governance in this area, drawing on an empirical analysis of the governance systems which European firms...
Persistent link: https://www.econbiz.de/10013158967
public sector in most EU countries, the paper looks for policy reforms that can improve work incentives, and hence enhance …
Persistent link: https://www.econbiz.de/10010477149
Persistent link: https://www.econbiz.de/10011378520
Persistent link: https://www.econbiz.de/10009783703
S-shaped incentive schemes and pay caps are fairly common in practice. This paper demonstrates the optimality of s-shaped incentive schemes and pay caps by incorporating salespeople's aversion to pay inequity into the standard agency model. Our analysis shows that salespeople's desire for pay...
Persistent link: https://www.econbiz.de/10013115001